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Same-store sales are also known as comparable store sales, identical store sales or like-store sales. Same-store sales are widely reported by publicly owned retail chains as a key element of their operational results. For chains that are growing quickly by opening new outlets, same-store sales figures allow analysts to differentiate between ...
North American performance saw a 4% decline in comparable sales due to reduced transactions, offset by higher average spending per visit. Gross U.S. revenue dipped 1% to $7.1 billion, with ...
Overall revenue declined by 1% to $9.1 billion, with global comparable-store sales falling by 3%. Starbucks opened 526 net new stores in the period, ending the quarter with 39,477 locations.
Starbucks' most recent quarter showed a 7% drop in global comparable-store sales as consumers shunned the chain's ever-pricier coffees and long wait times. North America comparable store sales ...
However, there is a significant choice of alternative methods of calculation, which makes it difficult to compare figures quoted by different retailers. [1] The portion of current sales achieved through activities that are comparable to the activities of the previous year. Investopedia explains Like-For-Like Sales.
Same-store sales is a commonly used measure of growth in the retail industry. It is a measure that separates new store sales growth from growth at the existing base of stores -- new stores grow at ...
A valuation multiple [1] is simply an expression of market value of an asset relative to a key statistic that is assumed to relate to that value. To be useful, that statistic – whether earnings, cash flow or some other measure – must bear a logical relationship to the market value observed; to be seen, in fact, as the driver of that market value.
(Reuters) - Starbucks on Wednesday reported a 7% drop in global comparable sales for the fourth quarter as the coffee chain struggles to revive demand for its pricey lattes in the key U.S. and ...